McDonald's Sells Control Of China Business To Citic, Carlyle

As McDonald's streamlines its sprawling global operations, the fast-food giant is also looking at further deals in markets such as South Korea, Japan and Southeast Asia ... and today’s top-performing IPO stocks. Get 4 free weeks of the IBD Digital ... ( read original story ...)

IBM Keeps Lead In Patent Field; Amazon Shows Fastest Growth

U.S. firms accounted for the most, 41%, followed by Japan at 28% and South Korea at 15% ... and today’s top-performing IPO stocks. Get 4 free weeks of the IBD Digital edition plus access to IBD's exclusive market analysis, proprietary stock ratings ... ( read original story ...)

Donald Trump: 'Great meeting' with Alibaba's Jack Ma

Since its 2014 IPO, e-commerce industry observers have been waiting for ... Arnault is looking at sites in North Carolina and Trump said he is also considering a location in the Midwest. Japanese tech giant Softbank also reiterated a commitment to create ... ( read original story ...)

How Jack Ma Is Selling Jobs to Trump

Alibaba went public in the U.S. in 2014, raising $25 billion in what was then the largest IPO in history. One of its largest shareholders is Japanese telecom giant Softbank, a company that Trump applauded in December for its decision to invest $50 billion ... ( read original story ...)

Nintendo Switch will retail for roughly $250, says Nikkei

Japan’s most respected business newspaper Nikkei has made a bold prediction for the Nintendo Switch and its price point. As translated by Engadget, it claims that the Nintendo’s newest console will retail for roughly ¥25,000 in Japan. Based on ... ( read original story ...)

Nikkei Predicts Nintendo Switch Will be Under $250

The Nikkei is estimating the Switch will be under $250 at launch in Japan, and has been fairly accurate with its predictions in the past. This is a very attractive price for the Switch, but may have fans worried about the power and quality of the console's ... ( read original story ...)

Financial Services & Insurance Research News

This report studies the global Shadow Banking market, analyzes and researches the Shadow Banking development status and forecast in United States, EU, Japan, China, India and Southeast Asia. Research Beam has added a report, titled, “Global Shadow ... ( read original story ...)

Japan – Career Bank reports revenue up 7%

Japanese staffing firm Career Bank (4834: JP) reported revenue Friday for the half year ending 30 November 2016 of JPY 2.84 billion (USD 24.2 million), a increase of 6.9% compared with JPY 2.65 billion (USD million) a year ago. Career Bank Co., Ltd ... ( read original story ...)

Japanese banks likely to shift focus to US from Asia

Japanese banking giants are likely to shift their focus away from Asia and onto the United States on the prospect of increased business opportunities. Japanese banks believe US President-elect Donald Trump’s aggressive fiscal stimulus will offer new ... ( read original story ...)

Japan's megabanks consider a pivot to America

To tap this, Sumitomo Mitsui looks to increase lending to local and Japanese businesses as well as bolster brokerage services such as M&A advising. Mizuho Financial Group is luring talent from Western rivals to enhance its investment banking operations and ... ( read original story ...)

Japan, S. Korea Suspend Currency Swap Deal

Korea’s foreign-exchange holdings stood at $371 billion as of the end of December, according to the Bank of Korea data. WWII Replica Dispute Japan on Friday announced that it was withdrawing from the talks on the Korea-Japan currency swap citing Korea ... ( read original story ...)